Important: If you applied for a position before March 24, 2023, please check the status of your application here. MTA employees, click here to check your job application status.

Join our Talent Network
Skip to main content
Back to job search

Financial Analyst Labor Analysis Level I, II, or III

Job ID: 646
Business Unit: MTA Headquarters
Location: New York, NY, United States
Regular/Temporary: Regular
Department: Consolidated Analysis
Date Posted: Sep 21, 2023

Description

Job Information

JOB TITLE: Financial Analyst Labor Analysis Level I, II, or III
SALARY RANGE:
Financial Analyst Labor Analysis Level I - $59,506 - $78,101
Financial Analyst Labor Analysis Level II - $64,032 - $84,041
Financial Analyst Labor Analysis Level III - $71,328 - $93,618
HAY POINTS: 323/372/451
DEPT/DIV: Office of Management & Budget
SUPERVISOR: Senior Manager, Labor Analysis
LOCATION: 2 Broadway New York, NY 10004
HOURS OF WORK: 9:00 am - 5:30 pm (7 ½ hours/day)
DEADLINE: Open Until Filled

Summary
This position is accountable for assisting in the development of policy recommendations concerning labor analysis, fringe benefits, overhead rates, and budget development. The incumbent will assist in the development and analysis of financial plans and projections relating to fringe benefits, including health and welfare, pension, and other fringes. The incumbent will provide management with the analytical framework and timely investigative information to make fiscally sound decisions by identifying controllable versus uncontrollable costs; as well as make recommendations for corrective action and or improvements in booking and reporting fringe benefit expense.

Responsibilities
  • Develop average rates of pay by title, wage increases by union during financial plan period, wage accruals for expired contracts, miscellaneous base pay, attrition rates and hiring projections.
  • Labor cost factors are the foundation for preparation of the $4.2 billion labor budget for 48,000+ employees.
  • Prepare employee availability goals and associated budget impacts. Evaluate budget impact of changes in availability and evaluate availability results.
  • Availability is the primary measurement of resource levels to perform service and maintenance goals.
  • Develop health and welfare analytics, reflecting the variability of resource levels e.g., attrition & hiring projections.
  • Health & Welfare costs are the largest component of fringe benefits, at $1.7 billion annually.
  • Maintain tables that provide for the orderly categorization of employee hour and wage results. System reference file maintenance provides consistent application of categorizations.
  • Identify, quantify, and explain significant financial risks and opportunities. Keep management informed of potential deviations from the financial plan.
  • Other duties as assigned.
Qualifications

  • Analyst – Level I
    • Proficiency in and/or ability to learn analytical and/or quantitative skills.
    • Demonstrated proficiency in or ability to learn Microsoft Excel and Access.
    • Problem-solving skills with the ability to identify the appropriate analytical processes to address issues
    • Knowledge of Multidimensional Database Management systems such as Hyperion Essbase or related system preferred.
    • Proficiency in and/or ability to learn to work, communicate and interact with all internal levels within a given organization.
    • Proficiency in and/or ability to learn organizational and presentation skills.
  • Analyst – Level II
    • Must possess analytical and/or quantitative skills.
    • Demonstrated proficiency in Microsoft Excel and Access.
    • Problem-solving skills with the ability to identify the appropriate analytical processes to address issues and arrive at supportable recommendations.
    • Knowledge of Multidimensional Database Management systems such as Hyperion Essbase or related system.
    • Must possess ability to work, communicate and interact with all internal levels within a given organization.
    • Must have demonstrated ability to learn organizational and presentation skills.
  • Analyst – Level III
    • Must possess analytical and/or quantitative skills.
    • Demonstrated proficiency in Microsoft Excel and Access.
    • Problem-solving skills with the ability to identify the appropriate analytical processes to address issues and arrive at supportable recommendations.
    • Knowledge of Multidimensional Database Management systems such as Hyperion Essbase or related system.
    • Must possess ability to work, communicate and interact with all internal levels within a given organization.
    • Must have demonstrated ability to learn organizational and presentation skills.
Education and Experience

REQUIRED:
Analyst – Level I
Bachelor’s degree in Business, Transportation, Public Policy or a related field or an equivalent combination of education and experience from an accredited college may be
considered in lieu of a degree.
Analyst – Level II
Bachelor’s degree in Business, Transportation, Public Policy or a related field or an equivalent combination of education and experience from an accredited college may be
considered in lieu of a degree.
Minimum 2 years related experience.
Analyst – Level III
Bachelor’s degree in Business, Transportation, Public Policy or a related field or an equivalent combination of education and experience from an accredited college may be
considered in lieu of a degree.
Minimum 4 years related experience.

PREFERRED:
For the three levels where applicable:
Knowledge of Multidimensional Database Management systems such as Hyperion Essbase.
Master’s degree in a related field.
Experience in business analysis, budgeting, or business process reengineering is preferred.
Familiarity with Hyperion Planning and Generally Accepted Accounting Principles is preferred.

Other Information
As an employee of MTA Headquarters, you may be required to complete an annual financial
disclosure statement with the State of New York, if your position earns more than $105,472 (this
figure is subject to change) per year or if the position is designated as a policy maker.
May need to work outside of normal work hours (i.e., evenings and weekends)

How To Apply

MTA employees must apply via My MTA Portal. You can submit an online application by logging into My MTA Portal, clicking the My Job Search ribbon, and selecting the “Careers” link.
Logging in through My MTA Portal will link your BSC ID number to your job application to identify you as an internal applicant.


Equal Employment Opportunity
MTA and its subsidiary and affiliated agencies are Equal Opportunity Employers, including
with respect to veteran status and individuals with disabilities.
The MTA encourages qualified applicants from diverse backgrounds, experiences, and
abilities, including military service members, to apply.
Return to
Save Job Saved
Similar Jobs
mail